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Market Open: Oracle nears $1T valuation, Klarna pops in IPO | Sept 11, 2025

Economy, Finance, Market News, Market Summary
NYSE:ORCL
11 September 2025 10:00 (EST)

Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

The TSX opened higher on Thursday, lifted by momentum from tech-heavy U.S. markets after the S&P 500 logged back-to-back records. Oracle’s march toward a $1 trillion market value sent ripples through global equities, while Klarna surged on its Stockholm debut.

Market numbers

TSX: Up (0.40%), 29,179.39

TSXV: Up (0.73%), 867.53

DOW: Up (0.29%), 45,654.00

NASDAQ: Up (0.39%), 23,951.50

FTSE: Down (0.21%), 9,236.00

In the headlines

Oracle nears $1T club – Oracle (Oracle Corp: NYSE:ORCL) shares extended their rally, with market value climbing by US$255 billion in recent sessions. The move brings the company closer to joining the trillion-dollar valuation club, fueling strength across the tech sector and helping the S&P 500 secure back-to-back record closes.

Klarna IPO jumps 15% – Swedish fintech Klarna (Klarna Group PLC: NYSE:KLAR) rose on its first day of trading in Stockholm. The 15% pop signals cautious but positive investor appetite for fintech listings, a trend closely watched by Canadian venture markets given their own tech-heavy small-cap ecosystem.

Currencies

USD: Flat (0.00%), $0.7210

GBP: Down (0.21%), $0.5316

EUR: Down (0.19%), $0.6152

JPY: Flat (0.00%), ¥106.355

Bitcoin: Down (0.08%), 113,889.98

(Conversion to C$1)

Commodities

Natural Gas: Down (0.56%), 3.001

WTI: Down (1.61%), 62.999

Gold: Down (0.14%), 3,633.06

Copper: Up (0.48%), 4.6348

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